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Apple Pay has put a certain type of Silicon Valley start-up under the spotlight: payments companies. The biggest of these is Square, valued at $6bn after a new round of funding Friday. Far from being cowed by Apple’s move into its turf, Square’s valuation has risen by a fifth in the last six months. In fact its valuation growth is accelerating:Continue reading: Way to Pay
Or, why it isn’t surprising at all that RBS and Lloyds would move their respective holding companies to the UK, probably overnight, if Scotland voted to become independent. Despite the odd packaging of this as news by the UK press.
It’s the emergency liquidity (or ELA). Click chart to enlarge:Continue reading: Well they would redomicile, wouldn’t they?
The focus on marketing and product design (oversize iPhones! Celebrity endorsers!) often betrays the unsexy, operational conundrums of the consumer and retail industries.
Last week we brought you the story of the US firearms sector, which has suffered of late. As we described in our Lex note, the slackening end user demand obscures the trickier issues in the gun supply chain.Continue reading: Guns and Chains
Not that negative zone – Europe:Continue reading: The negative zone